Aspen Group (NASDAQ:ASPU) posted its quarterly earnings data on Thursday. The technology company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.03), Fidelity Earnings reports. Aspen Group had a negative return on equity of 30.07% and a negative net margin of 32.07%.

NASDAQ:ASPU opened at $7.25 on Friday. The stock has a market capitalization of $130.97 million, a price-to-earnings ratio of -18.59 and a beta of 0.67. Aspen Group has a 12 month low of $5.66 and a 12 month high of $9.61. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.03.

Several brokerages have recently weighed in on ASPU. ValuEngine lowered shares of Aspen Group from a “strong-buy” rating to a “buy” rating in a research report on Friday. Zacks Investment Research upgraded shares of Aspen Group from a “sell” rating to a “hold” rating in a research report on Monday, August 6th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $12.13.

In other news, Director Malcolm F. Iv Maclean purchased 5,667 shares of Aspen Group stock in a transaction on Friday, July 13th. The shares were purchased at an average cost of $7.27 per share, for a total transaction of $41,199.09. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 26.30% of the stock is owned by insiders.

About Aspen Group

Aspen Group, Inc provides online higher education services in the United States. The company offers certificate programs; and associate, bachelor's, master's, and doctoral degree programs in a range of areas, including nursing, education, business, technology, management, health sciences, and professional and extended studies.

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Earnings History for Aspen Group (NASDAQ:ASPU)

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